Importing Libaries

Importing Data

SPF

An Excel workbook with multiple worksheets. Each worksheet holds the time series of mean forecasts for the level of a different variable. The first two columns list the year and quarter in which the survey was conducted. The remaining columns give the mean forecasts for all quarterly and annual horizons, as described below ~ SPF Documentation

the forecasters provide their projections for the next five quarters and for the current and following years

What does this mean?

FRED

Starting from the earliest year of SPF (Why unnecessarily load everything?)

Resampling the Data to Quarterly Mean

Visualization

ML